Buncombe, IL
Population 341 · Illinois
About Buncombe, IL
Buncombe is a small community in Illinois with a population of 341 residents. The median household income is $62,500 per year, which is near the national average. The median age in Buncombe is 26.2 years.
Housing in Buncombe has a median home value of $0 and median monthly rent of $0. Of the 121 total housing units, the majority are owner-occupied, with 76 owner-occupied and 20 renter-occupied units.
The unemployment rate in Buncombe is 13.7% and the poverty rate is 16.4%. 11.7% of residents hold a bachelor's degree or higher. The average commute time is 25.2 minutes.
Cost of Living in Buncombe, IL
Compared to national averages, Buncombe has a median household income of $62,500 (17% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Buncombe's income is 17% below the state average of $75,072, and home values are 100% below the state median of $165,779.
Why Live in Buncombe, IL?
Buncombe offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($62,500) that falls below the national average. However, Buncombe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buncombe has a population of 341 with a median age of 26.2 years. Compare Buncombe with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Buncombe
What is the population of Buncombe, IL?
The population of Buncombe, IL is 341 according to the latest Census data.
What is the median household income in Buncombe?
The median household income in Buncombe, IL is $62,500 per year.
What is the median home value in Buncombe?
The median home value in Buncombe, IL is $0.
What is the average rent in Buncombe?
The median monthly rent in Buncombe, IL is $0.
What is the unemployment rate in Buncombe?
The unemployment rate in Buncombe, IL is 13.7%.